Kelley Blue Book® vs NADA Guides | Andy Mohr Automotive

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Kelley Blue Book® vs NADA Guides

Kelley Blue Book® and NADA Guides are perhaps the top two automotive references in the industry. They help buyers, sellers, dealerships, and just about everybody else to better understand what a fair price is for their vehicle. However, although they both rely upon in-depth analysis, they don’t always come up with the same numbers. That’s why we created this explanation of Kelley Blue Book® vs. NADA Guides.

Our team here at Andy Mohr Automotive wrote this article to give you a sense of their similarities; to explain how each group comes up with their numbers; and, finally, to weigh in on the significant pros/cons.

Remember: If you live around Indianapolis, Plainfield, Bloomington, IN, or any of the surrounding areas and you’re interested in purchasing your next used car, we have one of the best selections around.

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Similarities: Kelley Blue Book® and NADA Guides

We’ll start with a few things that the two publications have in common. Here’s what you can expect:

Helpful for car buying: Although everybody uses them, they’re focused on helping the consumer learn more about the estimated value of the car they’re eyeing up.
Receive insight when you’re selling a car: Kelley Blue Book® and NADA Guides are both helpful resources when you’re looking to sell or trade in your current vehicle.
Regularly updated: You can be sure that you’re always getting the most up-to-date info.
Wide scope of information: From cars and trucks to SUVs and RVs to minivans and motorcycles, they’ve certainly got it all. These resources have ample information on all makes, models, and years.

Now that we’ve covered their similarities, we’ll get into the differences between the two. Let’s go!

Benefits of Kelley Blue Book® Trade-in Checklist

Kelley Blue Book® (KBB®) typically gathers information about your vehicle—such as odometer reading, trim level, and model year—to calculate your vehicle’s estimated trade-in value. From this, KBB® uses real-world information pulled from new and used car transactions. This information is updated regularly, depending on the local market and other conditions.

By using these variables, a benchmark is established that provides invaluable insight for both buyers and sellers! This information can then be used to compare the relative costs of specific vehicles across private party sellers and dealers.

The main advantage of this model is that it stays pretty consistent across markets. That way, you’re not limited to just comparing prices within Indiana—you can expand to Ohio, Kentucky, Michigan, and more.

Benefits of NADA Guides

On the other hand, NADA Guides gain assistance from J.D. Power to create accurate and up-to-date information about estimated vehicle prices. Once you select various factors—such as local market, trim level, and condition—you can view a complete vehicle report.

This report provides in-depth information about how much the average driver paid to purchase that model. If you’re looking to sell that model instead of buy, you can view the breakdown of potential trade-in amounts based on mileage, options, and conditions.

Finally, you can also review a vehicle history report for models with available information, all on the same report.

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In conclusion, both Kelley Blue Book® and NADA Guides can help provide information on estimated vehicle price. This is helpful regardless of whether you’re buying or selling. With so many benefits offered with each, you really can’t go wrong with either one!

Regardless of which automotive publication you’re using, we want you to know that you can always find great value around Bloomington, Plainfield, and Indianapolis, Indiana, right here at Andy Mohr Automotive! If you’re interested in learning more about our extensive inventory, contact us today.

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